Netflix Inc. stock rises Tuesday, outperforms market
Shares of Netflix Inc. NFLX, +5.09% rallied 5.10% to $556.55 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.75% rising 0.75% to…
From the American News Group archive. This article dates from Sep 2, 2020 and is preserved as first published.
Shares of Netflix Inc. NFLX, +5.09% rallied 5.10% to $556.55 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.75% rising 0.75% to 3,526.65 and the Dow Jones Industrial Average DJIA, +0.75% rising 0.76% to 28,645.66. This was the stock’s second consecutive day of gains. Netflix Inc. closed $18.82 below its 52-week high ($575.37), which the company achieved on July 13th.
The stock outperformed some of its competitors Tuesday, as Amazon.com Inc. AMZN, +1.39% rose 1.40% to $3,499.12, Walt Disney Co. DIS, +1.27% rose 1.27% to $133.55, and Comcast Corp. Cl A CMCSA, +0.53% rose 0.54% to $45.05. Trading volume (9.6 M) eclipsed its 50-day average volume of 7.8 M.
